15315 FM 529 - Storefront FOR SALE


Houston, TX 77095
$3,650,000 USD
832-224-6126
15315 FM 529, Houston, TX for Sale
$3,650,000 USD
Storefront - FOR SALE
1/17
null | 7.3% Cap Rate

15315 FM 529
Houston, TX 77095


HIGHLIGHTS

  • Heavy daytime traffic with over 30,582 VPD on Spencer Rd.
  • Move in space ready - lease available
  • High daytime activity
  • Thousands of single family homes and multifamily in the area

OVERVIEW

-Property is 80% occupied with two vacant spaces (currently negotiating leases on both spaces)- -Cap Rate for property is currently 7.3% -Excellent location with great visibility -Subject property provides retail to surrounding neighborhood properties -Average household income within 1 mile of subject property is $102,127.

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$474 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FM 529 Retail Center - 7.68% Cap Rate

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Cheryl ChinenTexas Commercial Realty, Inc.More Info
832-224-6126

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Cheryl ChinenTexas Commercial Realty, Inc.More Info
832-224-6126

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.